Wrapped SEI (Universal)

USEI Price

What is Wrapped SEI (Universal) about?

Wrapped SEI (Universal), or uSEI, is a tokenized version of SEI designed to enable its use across multiple blockchains such as Base, Polygon, and Arbitrum. It is an ERC20 token backed 1:1 with SEI reserves, ensuring that each uSEI is collateralized by SEI held in Coinbase Custody. Users can redeem their uSEI for the underlying SEI by burning the ERC20 token and claiming the collateral.

What makes Wrapped SEI (Universal) unique?

Wrapped SEI (Universal) stands out by providing a bridge for SEI to be utilized in DeFi applications across various blockchains. This allows for functionalities such as swaps, lending, and borrowing, expanding SEI's utility beyond its native ecosystem.

What can Wrapped SEI (Universal) be used for?

Wrapped SEI (Universal) is designed to facilitate DeFi activities including swaps, lending, and borrowing. This enables SEI holders to engage in a broader range of financial applications across different blockchain platforms.

Where can you buy Wrapped SEI (Universal)?

USEI tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Wrapped SEI (Universal) is Uniswap V3 (Base), where the most active trading pair USEI/WETH has a trading volume of $924.53 in the last 24 hours.

What is the daily trading volume of Wrapped SEI (Universal) (USEI)?

The trading volume of Wrapped SEI (Universal) (USEI) is $659.60 in the last 24 hours, representing a -51.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Wrapped SEI (Universal) (USEI)?

Wrapped SEI (Universal) (USEI) reached an all-time high of $0.7318 and an all-time low of $0.03851. It’s now trading -90.40% below that peak and 81.80% above its lowest price.

What is the market cap of Wrapped SEI (Universal) (USEI)?

Market capitalization of Wrapped SEI (Universal) (USEI) is $31,701.35 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USEI tokens (450 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Wrapped SEI (Universal) (USEI)?

The fully diluted valuation (FDV) of Wrapped SEI (Universal) (USEI) is $31,701.35. This is a statistical representation of the maximum market cap, assuming total number of 450 Thousand ETH tokens are in circulation today.

How does the price performance of Wrapped SEI (Universal) compare against its peers?

With a price increase of 14.50% in the last 7 days, Wrapped SEI (Universal) (USEI) is outperforming the global cryptocurrency market which is up 0.60%, while outperforming when compared to similar Crypto-Backed Tokens cryptocurrencies which are down -15.00%.